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NZ petrol will hit $2/litre within weeks
www.interest.co.nz Hello. I'm Bernard Hickey with daily briefing from interest.co.nz... Today, we'll look petrol prices and why we're predicting they'll hit NZ$2 a litre within a couple of weeks We'll also look at a sharp rise in power prices and explain why we think the Reserve Bank shouldn't be cutting rates right now. We say we have an inflation problem that needs fixing, not firing up even more. Story 1, But firstly, we look petrol prices and why we're saying New Zealand petrol prices will hit $2 a litre within a couple of weeks. The real oil price paid by New Zealand's oil importers has risen 15% in the last five weeks to a record NZ$122.45 a barrel. Over that time petrol prices at the pump have risen just 5%. We forecast this increase in the basic price paid by importers will flow through into a $2 a litre petrol price at the pumps in a matter of weeks, possibly as early as the beginning of April. Figures from the Ministry of Economic Development show that the oil importers were paying US$98.25 a barrel for Dubai crude in the week ending March 14. That translates into NZ$122.45 a barrel, which is up 15%. Once that 15% price in the basic cost of the crude flows through, then the price at the pump will rise to NZ$1.93 a litre. So we're not quite there yet. But this NZ$122 a litre depends on a basic Dubai oil price of US$98.25, which depends on futures contracts agreed by New Zealand's oil importers several weeks ago. Since then the Dubai spot price has risen to US ...
Теги: Commentary Analysis Gotcha! Documentary News Grassroots Outreach
Petrol Protest Rap. Shark vs. Alligator.
A plastic shark, derived from the goo oozing into the Gulf, battles a souvenir shark head for rap domination. But the alligator is a zombie with wiggling maggots in his eyes, and cannot die. This video is a promotion for my new sculptures: www.flickr.com Lyics: "i was an alligator, now it's later a hater shot me with a sawed off, cut my head off now i fear i became a souvenir. i was a reptile, gucci gater skin style, now i'm in the toy store, with the plastic oyster. "i know it's dlastic, i'm made of plastic. polyethylene lookin' like an oil sheen, iridescent like the colored feathers of a pheasant. peasant, buy a present jewelry anemone, the enemy is the oil in the sea the sea so weedy, bp so greedy. the hurricane gon' leave a big stain."
Теги: allegetarry oil spill sea turtles
NIS otvorio prvu benzinsku stanicu pod brendom NIS Petrol
U Beogradu je svečano otvorena prva NIS Petrol benzinska stanica sa novim izgledom. Ovaj događaj je značajan ne samo zbog uvođenja grafičke izmene vizuelnog identiteta, već i stvaranja jedinstvene mreže pod novim brendom NIS Petrol, koji se sprovodi u skladu sa ukupnom modernizacijom kompanijske maloprodajne mreže na teritoriji Srbije, njenom strategijom proširenja u regionu, a iznad svega da tržištu, odnosno kupcu, ponudi najbolje što može.
Теги: Naftna Industrija Srbije NIS Petrol
